Revolution Medicines (NASDAQ: RVMD) CMO sells 2,073 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines, Inc. Chief Medical Officer Wei Lin reported an open-market sale of 2,073 shares of common stock on March 17, 2026 at an average price of $99.4804 per share. The transaction was made under a pre-arranged Rule 10b5-1 instruction letter adopted on December 23, 2024 to satisfy tax withholding obligations upon the vesting of restricted stock units after March 15, 2025. Following this sale, Lin holds 101,366 shares directly, which the disclosure states includes 62,050 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,073 shares ($206,223)
Net Sell
1 txn
Insider
Wei Lin
Role
Chief Medical Officer
Sold
2,073 shs ($206K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,073 | $99.4804 | $206K |
Holdings After Transaction:
Common Stock — 101,366 shares (Direct)
Footnotes (1)
- Transaction made pursuant to a Rule 10b5-1 instruction letter adopted on December 23, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units ("RSUs") after March 15, 2025. Includes 62,050 RSUs.
FAQ
What insider transaction did RVMD Chief Medical Officer Wei Lin report?
Wei Lin reported selling 2,073 shares of Revolution Medicines common stock. The open-market sale occurred on March 17, 2026 at an average price of $99.4804 per share, according to the Form 4 insider trading disclosure for RVMD.
Was Wei Lin’s RVMD stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 instruction letter adopted on December 23, 2024. Such pre-planned arrangements automate trades, especially for purposes like covering tax obligations on equity compensation.
How large is Wei Lin’s RVMD stock sale relative to his holdings?
Wei Lin sold 2,073 shares while remaining directly invested in 101,366 shares after the transaction. This indicates the reported sale represents a small portion of his disclosed position in Revolution Medicines common stock and related restricted stock units.